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Ripple Price Forecast: XRP Jumps 43% as Korean Narrative Winds Down

Ripple News UpdateOver the last week, South Korea and Ripple were inextricably linked over the subject of regulation. Korea was on the verge of a full-scale trading ban—rumors even spread that the ban was official—and markets were in a constant state of paranoia.

As a result, XRP prices fell constantly throughout the week…until last night.

A ray of sunshine peeked through the clouds on Thursday morning, as South Korea reached a deadline for its regulatory stance. Today the country has to make up its mind—is it going to ban cryptocurrencies or not? Let’s end the uncertainty, once and for all.